The Kesoram script has been on fire, rising 65 per cent in the last month. The stock was locked in the upper circuit on Tuesday, following the notice of the board meeting, ending at Rs 126.19 on the BSE. Cement contributed to 98 per cent of Kesoram's Rs 3,606cr turnover in FY23, with the balance from rayon, transparent paper and …
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The Cement Business of Kesoram consists of 2 integrated cement units at Sedam (Karnataka) and Basantnagar (Telangana) with a total capacity of 10.75 mtpa. Out of this total capacity, 8.50 mtpa is clinker backed and 2.25 mtpa is surplus grinding capacity. The cement business also has a 0.66 mtpa packing plant in Solapur, Maharashtra.